Business News
Charterparty Details are Key in an Era of Constrained Chokepoints
Since the February 2026 commencement of the military operations in Iran, the issue of maritime shipping chokepoints has dominated...
Read More >>HD Hyundai to Buy Goltens to Expand Aftermarket Maintenance Market
Goltens Worldwide, long recognized as a leader in planning and performance maintenance and repair work, has agreed to be acquired...
Read More >>Germany Blocks COSCO’s Acquisition of Domestic Freight Company
Germany’s federal government made official the decision to block the acquisition of a domestic freight forwarder and logistics com...
Read More >>FMC Threatens COSCO with Large Civil Penalty for Delayed Payment
The Federal Maritime Commission filed a Show Cause order at the end of last week against the Chinese-flagged carrier COSCO, which...
Read More >>Op-Ed: Europe's Shipping Future Depends on Stronger Ship Management
The role of the ship manager is expanding at a time when owners are applying increased pressure on management fees. That tension s...
Read More >>Poten: Sky-High Tanker Rates are Driving Refiners' Oil Buying Decisions
A review of Poten's Daily Market Report, which monitors spot freight rates on many of the key tanker trade routes, shows eyewateri...
Read More >>Op-Ed: People Are the Powerbase of the Shipping Business
Decarbonisation, digitalisation, shifting patterns of global trade and an increasing level of influence from Asia are continuing t...
Read More >>Pakistan Explores Buying or Chartering Boxship Due to Shipping Challenges
The government of Pakistan has agreed to work with the country’s manufacturers and shippers to explore obtaining a dedicated conta...
Read More >>Go Ahead Given for Canada LNG to Double Capacity
Canada LNG, the country’s first LNG export operation, reports that, along with its investment partners, the decision has been made...
Read More >>Carnival Outperforms in Q3 While Providing a Strong Outlook for Cruising
Demonstrating the strength in the cruise industry and its ability to navigate global challenges, Carnival Corporation reported qua...
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